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Cost of living in Cayman Islands

Cayman Islands is 14% more expensive than the US, ranking #2 of 203 countries we cover for cost of living.

World Bank data through 2024 · last reviewed 2026-06.

Cost of living · US = 100
113.8
Ranks #2 of 203 · 14% more expensive than the US
GDP / capita (PPP)
$88,428
GNI / capita (PPP)
$68,030
Inflation · YoY
-0.6%
Population
74.5K
Capital
George Town
Density
304 /km²
Urban
100%
Area
264 km²

What drives the cost here

Price levels by category, where the world average = 100. Above 100 is pricier than the global norm; below it is cheaper.

In Cayman Islands, housing & utilities is the priciest category relative to the world (263), while restaurants & hotels is the most affordable (121).

Housing & utilities 263
Communication 220
Food & groceries 216
Health 203
Transport 134
Restaurants & hotels 121

Category price levels: World Bank ICP 2021 (world average = 100) · source

Cayman Islands on the map

What your money is worth here

A $100,000 US lifestyle would cost roughly $114,000 in Cayman Islands.

Quality of life

Beyond cost — health, safety, and connectivity. The score is a transparent, equal-weight composite of the verified metrics below (see methodology).

Life expectancy
81 yrs
World Bank · 2024 · source
Safety · homicide /100k
4.4
UNODC · 2020 · source
Internet users
81%
ITU · 2017 · source

About Cayman Islands

The British colonized the Cayman Islands during the 18th and 19th centuries, and Jamaica -- also a British colony at the time -- administered the islands after 1863. In 1959, the islands became a territory within the Federation of the West Indies. When the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. The territory has transformed itself into a significant offshore financial center.

Background from the CIA World Factbook (public domain), archived 2026-06-03.

Frequently asked

Is Cayman Islands expensive to live in?

Cayman Islands is 14% more expensive than the US, ranking #2 of the 203 countries we track. Its most expensive category relative to the world is housing & utilities; restaurants & hotels costs the least.

How much money do you need to live in Cayman Islands?

A lifestyle that costs $100,000 in the United States would cost roughly $114,000 in Cayman Islands, going by overall price levels. The salary translator turns your own figure into a local equivalent.

Is Cayman Islands cheaper than the United States?

No. Its overall price level is 113.8, against 100 for the United States.

Every number, sourced.

We cite the exact source and year for each figure. Derived values are computed at build time, never hand-entered.

Price level index (US = 100)
Derived: nominal ÷ PPP GDP per capita, indexed to the US
113.8
GDP per capita (PPP)
World Bank · 2023 · source
$88,428
GNI per capita (PPP)
World Bank · 2023 · source
$68,030
Inflation (annual %)
World Bank · 2016 · source
-0.6%
Population
World Bank · 2024 · source
74.5K
Population density
World Bank · 2023 · source
304 /km²
Urban population
World Bank · 2024 · source
100%
Surface area
World Bank · 2023 · source
264 km²

Explore more: compare countries · full ranking · North America